Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.5% APRnext payment +$2.26 per $10,000 · paid last 24h +0.147%
Price spread now: KuCoin against Binance−0.091%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,727as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,776as in the Price arb table
costs, in and out, $10k−$1,76117.609% of the position
Funding, last 7 days+0.339%+$34 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.091%, 7d avg +0.057%
=Funding pays, the price is against you. KuCoin is 0.149% cheaper against Binance than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.057%). If the spread goes back, that is −$15 on $10k: about 26 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.339% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALPINEUSDT | 0.3564 | 0.0310 | pay 0.0155% / 4h | 2h 27m | $1.6M | $773K | 10x |
| Short | KuCoin ALPINEUSDTM | 0.3561 | 0.0762 | get 0.0381% / 4h | 2h 27m | $233K | $538K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $94.87
- Price spread: −0.091% → +0.057%
- −$14.86
- Slippage, 4 orders
- −$1,738.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,680.88
- Costs to cover
- 17.609%
- Break-even
- 131.0 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 10 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 4.22 bp | 45.7 bp −$46 | 843.5 bp −$8,435 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 12.67 bp | 788.0 bp −$788 | doesn't fit | doesn't fit | doesn't fit |
ALPINE on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALPINEUSDT | +0.0100% | 4h | 0.3557 | −0.204% | $157K | $29K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3558 | −0.163% | $5K | $1 | — | as long as short |
| MEXC ALPINE_USDT | +0.0290% | 4h | 0.3563 | −0.035% | $172K | $102K | 50x | as long as short |
| BingX ALPINE-USDT | +0.0292% | 4h | 0.3562 | −0.063% | — | $1.2M | — | as long as short |
| Gate ALPINE_USDT | +0.0295% | 8h | 0.3556 | −0.232% | $69K | $20K | 25x | as long as short |
| Binance ALPINEUSDTlong | +0.0310% | 4h | 0.3564 | long leg | $1.6M | $773K | 10x | |
| KuCoin ALPINEUSDTMshort | +0.0762% | 4h | 0.3561 | −0.091% | $233K | $538K | 10x |
Binance ALPINEUSDT
KuCoin ALPINEUSDTM
Bybit ALPINEUSDT
Variational Omni ALPINE
MEXC ALPINE_USDT
BingX ALPINE-USDT
Gate ALPINE_USDT